CBO Forecasts DOGE And AI Will Be Massive Failures: Sees US Debt Exploding As Productivity Collapses
AI,Markets,Banking and Finance
CBO Forecasts DOGE And AI Will Be Massive Failures: Sees US Debt Exploding As Productivity Collapses Elon Musk's DOGE initiative will be an epic failure. That's the message from the latest forecast by the "non-partisan" Congressional Budget Office which projected staggering increases in federal budget deficits and debt over the next 30 years, coupled with a collapse in population growth and productivity, largely due to surging interest costs - the same soaring interest costs we have been warning about for years - as it laid out a dismal economic picture...
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